Connecticut mortgage report

Things Real Estate Agents Must Know About Mortgage Financing

A new report has just been released which explains and illustrates things successful real estate agents absolutely Must Know about financing and mortgages. If you want to maximize your success and provide superior service to your clients, you need to know these things - you need this report. These facts are not taught in real estate classes nor are they addressed in brokerage firm training.

Learn the difference between prequalified and preapproval. Learn the necessary steps and verifications necessary for both. Learn which mortgage programs where it is impossible to preapprove a client and what should be done instead. Learn how to get the best rate on a 30 year fixed mortgage and what absolutely necessary pieces of documentation are needed.

Learn the number one money and time wasting mistake made by almost all agents at one time or another and how to avoid it. Learn how to get your client the most house for their income and down payment.

Learn how to make an easy 20% referral fee on commercial mortgage referrals. Commercial mortgages are not regulated by RESPA where residential mortgages are. Learn how to make a 20% fee/commission on residential deals by completing a few easy and simple tasks and taking measures to make you all legal and RESPA compliant and without any additional cost to your client. Caution - not knowing the law and not following these guidelines can get you in big trouble. Read this section twice.

Learn how to evaluate a mortgage broker or banker and how to separate the good ones from the time wasters and deal killers.